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Alexander & Baldwin, Inc. — Director's Dealing 2014
Jan 30, 2014
32026_dirs_2014-01-29_a7a4b736-219e-498b-9cdf-d057d7c2a1ea.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Alexander & Baldwin, Inc. (ALEX)
CIK: 0001545654
Period of Report: 2014-01-27
Reporting Person: CHUN NELSON N S (Sr. Vice Pres. & CLO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-27 | Common Stock | A | 3118.0000 | $0.0000 | Acquired | 56876.6695 | Direct |
| 2014-01-28 | Common Stock | F | 337.0000 | $40.2000 | Disposed | 56539.6695 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-27 | Performance Rights | $ | A | 3118.0000 | Acquired | 2015-12-31 | Common Stock (3118.0000) | Direct |
Footnotes
F1: Restricted stock units issued under the Issuer's 2012 Incentive Compensation Plan that vest in three equal annual installments beginning a year from the transaction date.
F2: Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
F3: Represents shares of the Issuer's common stock underlying performance share units that are subject to both performance-vesting and service-vesting requirements. The performance vesting requirement is tied to the Issuer's total shareholder return relative to that of the companies comprising the S&P MidCap 400 Index over a two-year performance period coincident with the 2014 and 2015 calendar years. The level at which that performance goal is attained will determine the number of shares of the Issuer's common stock that will become issuable under the performance share units and will range from 35% of the number of reported shares at threshold level attainment to 100% of the reported shares at target level attainment to 150% of the reported shares at maximum level attainment. The Reporting Person will vest in all of the shares of the Issuer's common stock that become so issuable, provided the Reporting Person continues in the Issuer's employ through (footnote continued in Remarks below)